preconditions of an audit

This topic has 1 reply, 2 voices, and was last updated 8 years ago by Ken Garrett.

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May 22, 2018 at 2:34 pm #453370
multivinay
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what are the preconditions of an audit? how does it help? and how do I answer when asked about it?
plus is there any lectures which contains details about it?
May 22, 2018 at 4:59 pm #453423
Ken Garrett
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1 Directors accept their responsibilities to prepare the FS and to provide answers to any queries auditors might havr.

2 The FS will be prepared using an acceptable reporting framework.

That’s really all there is to say on this.
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